	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£13,824	£14,031	£14,242	£14,598	£14,963	£71,658
Total Expenses	£10,445	£10,516	£10,578	£10,655	£10,734	£52,927
Profit Before Tax	£3,379	£3,516	£3,664	£3,943	£4,229	£18,731
Profit After Tax	£2,737	£2,848	£2,968	£3,194	£3,425	£15,172
Change In Property Value	£4,390	£8,956	£11,642	£12,224	£8,985	£46,197
Net Return	£7,127	£11,803	£14,610	£15,418	£12,410	£61,369
Return From Rental Income (%)	4%	4%	4%	5%	5%	23%
Total Net Return (%)	11%	18%	22%	23%	19%	92%